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Manuli Stretch Group seeks immediate sale of Shelbyville, TN facility
January 04, 2012

BALTIMORE, Maryland- January 4, 2012: 321 Capital Partners, LLC (321 Capital Partners) announced today that its client, Manuli Stretch Group, S.p.A. (Manuli Stretch Group) head-quartered in Milan, Italy, is exploring options to sell their Manuli Stretch USA, Inc. plant located in Shelbyville, TN as an entirety. Manuli Stretch Group plans to support U.S. based customers through imported product and has ceased U.S. based production. Maryland based in-vestment bank 321 Capital Partners is conducting a global search for acquisition candidates.

Manuli Stretch Group is the worldwide leader in the production of quality stretch film, offering the most articulate and specific packaging systems in the industrial and agricultural sectors. Manuli Stretch Group boasts seven fully automated computerized plants: two in Italy (Pozzilli and Aprilia), one in Germany (Leipzig), England (Corsham), United States (Shelbyville, TN), Argentina (Buenos Aires) and Brazil (Curitiba). Since its founding in 1970, the Manuli Stretch Group has operated in the 100%-recyclable linear low-density polyethylene stretch film (LLDPE) sector and has been the first company in Europe to adopt the cast extrusion technology to produce stretch film.

321 Capital Partners LLC, headquartered in Baltimore, Maryland, is an international invest-ment banking firm with over 30+ years of experience investing, owning, operating, buying, selling, and consulting over 400 companies, mostly in manufacturing and distribution. Most re-cently 321 Capital Partners managed the 363 sale of Pinnacle Films, Inc. of Charlotte, NC. 321 Capital Partners provides creative solutions to middle market businesses including merger, ac-quisition, sale, equity/ debt financing, or turn-around management. 321 Capital Partners principals are industry experts having owned, operated, bought and sold companies across virtually every spectrum of the manufacturing world. Further information is available at www.321capitalpartners.com.

Further Information Contact:

321 Capital Partners, LLC

Ervin M. Terwilliger, Managing Partner

erv@321capitalpartners.com

Tel: 410-796-3211

John L. Herman, Senior Director

herman@321capitalpartners.com


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